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Obama's toughest fiscal crisis lie ahead
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http://www.ndtv.com/convergence/ndtv/processarchive.aspx?id=...
For Barack Obama, winning a giant economic revival bill in Congress should be the easy part.
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Rupee ends at 48.29 after breaching 49
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http://www.ndtv.com/convergence/ndtv/processarchive.aspx?id=...
In a dramatic see-saw trade, the rupee pulled back sharply after breaching the 49 levels against the US dollar. The rupee gained 47 paise today from Thursday s close of 48.76 to end at 48.29. A further fall in inflation and dollar sales by banks triggered the recovery.
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Inflation cools further, falls below 6%
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http://www.ndtv.com/convergence/ndtv/processarchive.aspx?id=...
The inflation rate fell below 6 per cent for the first time since February 2008. For the week ended December 27, the rate fell to 5.91 per cent as compared to 6.38 per cent in the previous week.
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NBFCs get Rs 25,000 cr credit support
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http://www.ndtv.com/convergence/ndtv/processarchive.aspx?id=...
The Government on Friday set in motion the process of providing liquidity support up to Rs 25,000 crore to cash-strapped Non-Banking Finance Companies to enable them to pay existing liabilities
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US job losses in 2008 worst since 1945
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http://www.ndtv.com/convergence/ndtv/processarchive.aspx?id=...
The nation's unemployment rate bolted to 7.2 per cent in December, the highest level in 16 years, as nervous employers slashed 524,000 jobs. The labor market is expected to remain weak as mass layoffs continue.
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Govt seizes documents of Satyam
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http://www.ndtv.com/convergence/ndtv/processarchive.aspx?id=...
A team of government officials investigating the Rs 7,800-crore Satyam fraud seized the documents from the premises of the company and its record office in Hyderabad.
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Govt supercedes Satyam mgmt; calls off Jan 10 meet
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http://www.moneycontrol.com/india/newsarticle/stocksnews.php...
PC Gupta, Minister of Corporate Affairs, said the government has decided to dissolve the current management of beleaguered tech giant Satyam Computer Services. As a result of the announcement, the crucial January 10 meeting will not take place now.
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Support for Sugar around Rs 19671922: Anagram
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http://www.moneycontrol.com/india/newsarticle/stocksnews.php...
According to Anagram Research\'s report, support for Sugar is seen around Rs 19671922 and resistance at around Rs 20422086. Support for Pepper is seen around Rs 1150011256 and resistance at around Rs 1204012500. Support for Chilli is seen around Rs 44414371 and resistance at around Rs 45794640.
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US markets open weak; Dow down 9 points
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http://www.moneycontrol.com/india/newsarticle/stocksnews.php...
US markets have opened weak. The Dow Jones Industrial Average is down 9.16 points or 0.10% at 8,733.30. The Nasdaq down 9.34 points or 0.58% to 1,607.67 and SP 500 down 3.28 points or 0.36% to 906.45.
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Sebi says no case till Satyam probe completes
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http://www.moneycontrol.com/india/newsarticle/stocksnews.php...
Securities and Exchange Board of India or Sebi Chief CB Bhave said no case will be filed against Satyam until the investigation is complete as the companys Former Chairman Ramalinga Rajus letter is not enough to put him in front of the magistrate. Sebi has been in touch with US regulators on Satyam issue.
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